HomeEconomyInflation expected to peak in June, Banque de France says

Inflation expected to peak in June, Banque de France says

Inflation in France should peak in early summer, according to the governor of the Banque de France. We will have to wait until the end of 2024, or even the beginning of 2025, for it to drop to 2%.

Inflation in France is expected to peak in June and drop to around 2% by the end of next year or early 2025, from around 6% today, Banque de France Governor Francois Villeroy said on Thursday. from Galhau.

No recession this winter

The Banque de France also released its latest business survey on Wednesday highlighting the resilience of the French economy, which should emerge from recession this winter.

Economic activity in France increased during the first month of the year, even more than business leaders had anticipated, according to the survey.

Author: OB with Reuters
Source: BFM TV

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